NOT LISTED FOR SALE

1950 Beach Ave Atlantic Beach, FL 32233

Estimated Value: $2,215,443 - $2,706,000

8 Beds
6 Baths
4,512 Sq Ft
$535/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $1,950,000 $432 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $14,772/month

122 Days on Market

Highlights

  • Ocean View
  • Atlantic Beach Elementary School Rated A-
  • Central Heating

About This Home

As of September 2021

This amazing ocean view property sits near the highest point in Atlantic Beach. Walk steps out your door to the 19th St. beach access. Enjoy coffee and ocean sunrises from the balcony on the front of the house. It's a short bike ride to Beaches Town Center or Atlantic Beach Country Club.

Property consists of two 3 bedroom, 2 bath homes, one 1 bedroom apartment, and an efficiency apartment. The largest unit has a two car garage. The other 3/2 has a 1 car garage. Live in one unit and keep the other 3 as rentals or build your dream home on this 100X100 lot with ocean views!

All 4 units currently rented with leases that expire in June 2022. There is a 60 day notice for tenants to exit.

See documents for list of appliances and appraisal.

Last Agent to Sell the Property

Margaret Sherrill

KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE License #3038305 Listed on: 05/07/2021

KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE

Co-Listed By

Emilie Bishop

KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE License #3303684

Last Buyer's Agent

GAIL STUCK

DOGWOOD REALTY LLC License #3255358

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 10,019

Parking

  • 3 Car Garage

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,512 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Lot Dimensions are 100x100
  • Central Heating

Community Details

  • Section Land Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1695260000

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1983
  • Property Sub Type: Quadruplex
  • Lot Size: 100X100
  • Subdivision Name: Section Land
  • General Property Information Living Area2: 4512.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 465.43
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • ViewOcean: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Living Area: 4512.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • View: Ocean
  • Construction Type: Frame, Stucco
  • Construction Materials:Frame: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Lot Info

  • Parcel #: 1695260000

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Deverill and Tracy
Bought by
Land Trust
Current Estimated Value
$2,413,148

Purchase Details

Listed on
May 7, 2021
Closed on
Sep 24, 2021
Sold by
Clark Karin H
Bought by
Deverill Dirk and Deverill Tracey
Seller's Agent
Margaret Sherrill
KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Buyer's Agent
GAIL STUCK
DOGWOOD REALTY LLC
List Price
$2,500,000
Sold Price
$1,950,000
Premium/Discount to List
-$550,000
-22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$1,000,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2004
Sold by
Clark Donald S
Bought by
Clark Karin H

Purchase Details

Closed on
Aug 16, 1995
Sold by
Hollman Sandra P and Creek Patricia P
Bought by
Clark Donald S and Clark Karin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.42%

Purchase Details

Closed on
Jan 9, 1995
Sold by
Preuss Dorothy M
Bought by
Preuss Dorothy M and Dorothy M Preuss Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Land Trust -- Blue Ocean Title
Deverill Dirk $1,950,000 Blue Ocean Title
Clark Karin H -- --
Clark Donald S $360,000 --
Preuss Dorothy M $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deverill Dirk $1,000,000
Previous Owner Clark Donald S $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $1,950,000 -- --
09/24/2021 09/24/21 Sold $1,950,000 -22.0% $432 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $2,500,000 -- $554 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $27,338 $1,635,641 -- --
2025 $26,863 $1,632,457 -- --
2024 $26,863 $1,588,402 -- --
2023 $26,127 $1,538,264 $1,335,000 $203,264
2022 $25,185 $1,495,265 $1,335,000 $160,265
2021 $14,281 $1,040,722 $934,500 $106,222
2020 $11,296 $643,811 $534,000 $109,811
2019 $11,560 $649,322 $534,000 $115,322
2018 $11,552 $643,166 $534,000 $109,166
2017 $11,566 $636,595 $534,000 $102,595
2016 $14,904 $805,551 $0 $0
2015 -- $879,204 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Sherrill

    Seller's Agent in 2021

    Margaret Sherrill

    KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE

    (904) 962-4041

    41 in this area

    145 Total Sales

    Margaret Sherrill
    Section Image
  • Emilie Bishop

    Seller Co-Listing Agent in 2021

    Emilie Bishop

    KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE

    (904) 434-0745

    21 in this area

    101 Total Sales

    Emilie Bishop
    Section Image

  • G

    Buyer's Agent in 2021

    GAIL STUCK

    DOGWOOD REALTY LLC

    (904) 651-4050

    1 in this area

    10 Total Sales

    GAIL STUCK
    Section Image
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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1106469

realMLS (Northeast Florida Multiple Listing Service)

APN: 169526-0000

Florida Duval County Atlantic Beach 32233

1950 Beach Ave, Atlantic Beach, FL

Not Listed for Sale

MultiFamily

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realMLS (Northeast Florida Multiple Listing Service) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.

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